SuperCharged
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    • About SuperCharged
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      • 💡Trading
      • 📖Order Book basics
      • 💵Selling your position
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  1. Prediction Market
  2. How Does it Works

Selling your position

Take your profits

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Last updated 11 months ago

After you start trading, you begin to stack up positions in different events. A position is the number of shares you own in a particular events and represents your current investment.

There are two ways to close your positions: hold them until final resulting, or sell them early to lock in profits.

Collecting at Resulting

The easiest way to cash out your investment in a SuperCharged event is to hold your shares until the event closed. When the event results, you’ll automatically score $1 for every correct shares you own.

After the event ends, the results may not be immediately resolved. They will be confirmed by a reliable source, which may involve a waiting period to ensure the outcome is fair and accurate.

You might not be able to claim your winnings if you don't close all unfilled orders in the event being claimed (those that haven't found a matching order).

Close Open Orders

Open orders are those that have not been executed yet, including both live and ended events. Closing these orders ensures you have a clear and accurate portfolio before claiming your winnings.

Here's how:

  1. Go to your profile.

  1. In the Portfolio section, select Open Orders and choose the event you want to close the orders for. To close an order, simply click the "Close" button

Once you've done this, you can easily claim your winnings when the event results are resolved.

Closing Out Early

Sometimes, you might want to bail out before the event's outcome is known to lock in some profit or cut your losses. You can do this by placing a sell order to reduce your position.

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